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president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the answer is part of our science roundup online. hari sreenivasan has the details. >> sreenivasan: the image resembles a lite-bright time lapse. find those pictures and our conversation with a software developer who set out to visualize the 24-hour cycle of urban public transit systems. that's on our homepage. an international telecommunications conference in dubai aims to set new rules for the internet. what's at stake? we take a look in the rundown. and on making sense, economics correspondent paul solman argues both sides of the capital gains tax debate. all that and more is on our website newshour.p
president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the...
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Dec 4, 2012
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but if there's benign neglect in the second term of the obama administration in my view this will get out of hand. i am concerned about it. i think we're not there yet. but if there's four years of neglect, then each side takes unilateral steps. then we're in a very different place. therefore, that's why it's very important to get these parties to the table right now. >> suarez: quick final comment from ghaith. do palestinians still believe that the two-state solution is on the table? >> absolutely. public opinion over and over again believes that the two-state solution is do-able, is preferrable. they do not believe that it's realized in the foreseeable future. if the public starts losing faith in the viability of the two-state solution it will be abandoned. >> suarez: ghaith and david, good to talk to you both. >> thank you. >> brown: now, how to increase student performance in america's secondary schools. federal education officials announced today that five states will participate in an experiment to make students spend more time in school. meanwhile, many states are already imple
but if there's benign neglect in the second term of the obama administration in my view this will get out of hand. i am concerned about it. i think we're not there yet. but if there's four years of neglect, then each side takes unilateral steps. then we're in a very different place. therefore, that's why it's very important to get these parties to the table right now. >> suarez: quick final comment from ghaith. do palestinians still believe that the two-state solution is on the table?...
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Dec 8, 2012
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i think this is a test for the president and the administration on how they handle it. that john bayne kerr come out of it not a diminished figure. but he's holding all the cards right now, barack obama. >> woodruff: you see the president having as many cards as mark? >> i think the president clearly has the upper hand. i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they reach a compromise. i think the republicans are likely to cave on the rate and you close a few deductions. >> do you think they will. >> i do. >> because they are saying they are not going to cave. >> there is going to be no deal on that. they are to the going to go
i think this is a test for the president and the administration on how they handle it. that john bayne kerr come out of it not a diminished figure. but he's holding all the cards right now, barack obama. >> woodruff: you see the president having as many cards as mark? >> i think the president clearly has the upper hand. i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall...
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songs meanwhile several americans are being persecuted for defying the obama administration a look at this double standard straight ahead. and children across the u.s. go to school learn their a.b.c.'s on the basics of arithmetic but a growing number of young teens are getting a tough lesson in reality with more students headed to prison every day we're told the school to prison pipeline we'll tell you who's profiting from this phenomenon coming up. and we've heard of too big to fail but how about too big to cut d.c. lawmakers are fighting hard to protect against the military against sequester ation cuts we'll take you to the battle over funding and ask if the military is really worth all of the money being spent on it. it is monday december tenth four pm in washington d.c. i'm christine for you watching our team while if you haven't been dancing to gangnam style you're one of the few who didn't contribute to the song becoming the most watched you tube video of all time but south korean sensation side has a lesser known song that's caused him some grief in recent days in two thousand
songs meanwhile several americans are being persecuted for defying the obama administration a look at this double standard straight ahead. and children across the u.s. go to school learn their a.b.c.'s on the basics of arithmetic but a growing number of young teens are getting a tough lesson in reality with more students headed to prison every day we're told the school to prison pipeline we'll tell you who's profiting from this phenomenon coming up. and we've heard of too big to fail but how...
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forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out today's world news headlines now suicide bombers of attack to join us after a military base in the city of jalalabad in eastern afghanistan. two vehicles packed with explosives were detonated at the main gate there followed by gunfire all nine of the assailants involved were killed nato also says at least six afghans died and several allied troops were injured this is the largest such assault in th
forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of...
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do you think the obama administration should be trying to press israel will abstain? >> i think what the obama administration needs to do is -- you know the mideast is in chaos right now and israel is going to be affected a versely by that. what i think the obama administration needs to do is become more hands on in trying to promote arab israeli peace, peace between the israelis and the palestinians. that involved a whole lot more things than just settlements. and i think it was a mistake for instance for president obama in his first term to come out and make the fight on settlements. every administration in the united states has opposed settlements because they create facts on the ground that promote opportunities for peace. but it was a mistake for him to go out and say no more settleme settlements, no more expansion settlements and the secretary of state said the same thing and the minute they push back they cave. if you're going to take that position, you don't cave. but i think what's needed is a hands on approach to the peace process, arab israeli peace involvi
do you think the obama administration should be trying to press israel will abstain? >> i think what the obama administration needs to do is -- you know the mideast is in chaos right now and israel is going to be affected a versely by that. what i think the obama administration needs to do is become more hands on in trying to promote arab israeli peace, peace between the israelis and the palestinians. that involved a whole lot more things than just settlements. and i think it was a...
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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled bud
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no...
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Dec 8, 2012
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the obama administration, president obama, during the campaign, has been open about his desire to try to engage iran bilaterally. it's often portrayed as kind of a last-ditch effort at dip application before you might have to resource to other options. would a bilateral negotiation, were that over to come about, give the u.s. an opportunity to engage on human rights issues? i mean, the u.s.' general policy, they want to keep it limited to arms control. is that proper or would there be an opportunity, window for thetas engage with iran on these other -- >> there's always a sort of a conceptual dissidence, a conceptual dispute. there is a group of -- one point of view suggests that the agenda should be kept narrow, because otherwise it gives the iranians the opportunity to divert to talk about afghanistan, bahrain, syria. so the agenda has to remain narrow as a means of focusing issue of our principle concern, meaning proliferation. that's one school of thought. the second school of thought is if the agenda is broader you can have agreement on some issues. that has never been resolved,
the obama administration, president obama, during the campaign, has been open about his desire to try to engage iran bilaterally. it's often portrayed as kind of a last-ditch effort at dip application before you might have to resource to other options. would a bilateral negotiation, were that over to come about, give the u.s. an opportunity to engage on human rights issues? i mean, the u.s.' general policy, they want to keep it limited to arms control. is that proper or would there be an...
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house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can. >> sunday at 9:00 p.m. eastern on c-span 3. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 i believe and going to say that is precedent. and indiana had a -- >> they decided on the indiana case. it was constitutional for them to establish i.d. they did not say that all of those states -- >> correct, they talked about indiana. let me finish because you misrepresented what i said. >> no, i didn't. >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities -- it says to me that we have some
house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can....
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. >> schieffer: let's talk about the more immediate things, and that is the next obama administration. one of the things that strikes me, and you brought it up in the green room a while ago, joe, we have not seen the administration nominate anybody. >> anybody. >> schieffer: to any office here. we're a month into-- after the election, and we've had all the controversy over susan rice, and who know where's tha that is? what's happening? what's going on here? >> well, the administration is, as it says, studying all its options. what it's trying to figure out a way if in fact it wants to make the susan rice fight which is visually going to be a difficult fight, and if it does, how hard will it fight and how far is it willing to push? there are those who argue, look, if you put cbs news rice in the national security council and i will put senator kennedy up-- >> kerry. >> senator kerry from the senate up to nominate for secretary of state. the problem with that is tom donnell and the existing national security adviser doesn't want to leave and has no intention of going. that's complicated
. >> schieffer: let's talk about the more immediate things, and that is the next obama administration. one of the things that strikes me, and you brought it up in the green room a while ago, joe, we have not seen the administration nominate anybody. >> anybody. >> schieffer: to any office here. we're a month into-- after the election, and we've had all the controversy over susan rice, and who know where's tha that is? what's happening? what's going on here? >> well, the...
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either way, we are looking at white house obama administration taking this more seriously. the problem they face is a problem that they face in the sense of the last several months. the words don't mean as much now. they have been calling for assad to go for a year-and-a-half. they have been making the threats. very little of it has come to pass. there is very little action that supported the rhetoric over the course of the past year-and-a-half. if the stepped up rhetoric and hillary clinton identifying the use of chemical weapons as a redline which is well understood might give assad pause and people under him pause. it's the kind of situation where if you do this are you worried about what they said today as opposed to all year long. >> bret: there is fighting along the turkish border. turkey is concerned about that. about that increase. they will try to stop syrian jets attacking turkey, where the syrian rebels train. this is also increasing along the border. >> it's definitely increasing if the words from the president and the white house are the same, but it does seem
either way, we are looking at white house obama administration taking this more seriously. the problem they face is a problem that they face in the sense of the last several months. the words don't mean as much now. they have been calling for assad to go for a year-and-a-half. they have been making the threats. very little of it has come to pass. there is very little action that supported the rhetoric over the course of the past year-and-a-half. if the stepped up rhetoric and hillary clinton...
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my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpaments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massive departure of the prime age man from the work force. it is accelerating today. and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in
my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the...
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and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of us can look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things we are enjoying today but just going to send them the bill. that's why republicans ha
and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending...
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forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news ahead including the tale of the prime minister the press and a public baying for blood. damning at. it's simpler he says britons of free media needs to be reined in with regulation. and silicon valley is of turfing out of the talent after the break we explain why there is now no place for those who hope to america's digital innovation. wedge issues do just what their name implies they ge
forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of...
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. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future the pressure against the regime in and aroundamascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuinghe sharpest warning yet. >> the president of t united states made it clear there will
. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the...
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administration's message to syria the u.s. is ready to act if you make the tragic mistake of using these weapons there will be consequences and you will be held accountable there will be consequences. there will be consequences we have sent a unmistakable message that this would cross a red line for america the media quickly picked up on the alarming news of the syrian government's alleged plans citing secret intelligence for fox news confirms that syrian troops now have the deadly nerve agent sarin gas weaponized and at the ready the syrian government flatly denied the possibility saying it would not use such weapons against its people. we would not commit suicide we feel there's a conspiracy to provide a pretext for any subsequent interventions in syria by these countries during creasing pressure on syria the syrian government sure knows that if they use chemical weapons it would give nato and some of their arab neighbors who are itching to intervene in syria the green light to go ahead with their plans the meskins itself sa
administration's message to syria the u.s. is ready to act if you make the tragic mistake of using these weapons there will be consequences and you will be held accountable there will be consequences. there will be consequences we have sent a unmistakable message that this would cross a red line for america the media quickly picked up on the alarming news of the syrian government's alleged plans citing secret intelligence for fox news confirms that syrian troops now have the deadly nerve agent...
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the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution everybody can live with. >>> they have a bit of a messaging problem. i don't understand why there's not more of a conversation that starts with the fact these taxes go up. democrats would not extend what has been a republican proposal to keep them low. they are in place now and tha
the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply...
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that is where the obama administration is. whether it's good policy or is not a different conversation. but the talks about whether we'll pull out by 2014, to expedite things are not. these are all ways of basically saying we're done with this place. i don't know that you couldn't have more success if we contribute troops and resources the way people want to but there is not the political will in washington. >> bret: we won't stop talking about it. that is it for panel. stay tuned to see what makes this the most wonderful time of the year. begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! . [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-
that is where the obama administration is. whether it's good policy or is not a different conversation. but the talks about whether we'll pull out by 2014, to expedite things are not. these are all ways of basically saying we're done with this place. i don't know that you couldn't have more success if we contribute troops and resources the way people want to but there is not the political will in washington. >> bret: we won't stop talking about it. that is it for panel. stay tuned to see...
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is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the pre
is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy...
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administration has stood to the side and really as you well know know much better than we do here in washington is russia that has played a much more prominent role in syria than has the united states now today that foreign ministers are meeting that's debatable as well but anyway i mean the everyone seems to forget international law here it's again western powers don't have to a big international law but russia has made two and now we're joined by another guest if we have douglas and he's in brussels and he is the founder and director of the center for turkey studies and development ok if i could go to you right now it brand we're discussing the future of a kurdish state and i've asked our two other guests here what are the possibilities of a kurdish state i mean since the first world war we've never seen this opportunity for the kurdish people. i mean right now the kurds are feeling that there's a greater opportunity for them to have a code a state but if you if you consider regional powers like turkey then you could easily say this is highly likely highly unlikely result in the ne
administration has stood to the side and really as you well know know much better than we do here in washington is russia that has played a much more prominent role in syria than has the united states now today that foreign ministers are meeting that's debatable as well but anyway i mean the everyone seems to forget international law here it's again western powers don't have to a big international law but russia has made two and now we're joined by another guest if we have douglas and he's in...
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the use of chemical weapons is and would be totally unacceptable. >> reporter: obama administration and military officials say they believe president assad has gotten the message. >> we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> reporter: the syrian regime, which has been massacring citizens for nearly two-straight years, has been careful not to confirm it has the weapons. >> even if we have them, we shall not use them against our people. >> reporter: but president assad's father used chemical weapons. and officials believe pressure on the current government is mounting. opposition is making tactical gains that could trigger a shift in the conflict. the state department believes the conflict is growing closer to assad and is looking into reports that assad's men are looking for a place to go into exile. >> tahman bradley, live in washington. thanks, tahman. >>> we also have breaking news this morning from egypt. deadly clashes between opponents and supporters of egypt's new president. at least five people were k
the use of chemical weapons is and would be totally unacceptable. >> reporter: obama administration and military officials say they believe president assad has gotten the message. >> we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> reporter: the syrian regime, which has been massacring citizens for nearly two-straight years, has been careful not to confirm it has the weapons. >> even if we have...
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you have the brotherhood which has been supported by the state department in the obama administration as it has an analogous vehicle to create a if you will an islamic dictatorship in egypt where they're pushing a black agenda a secret agenda much much like. masonry organization for sequences where the triads are the the who's in japan and so forth they're pushing an agenda on the population and the population rightly source was a skunk and i think this is the coptic christian groups are threatened if the book brotherhood gets its constitution and imposing sharia law. other groups of muslims for example sufi places of worship are under attack in egypt and likely will be increasing your soul and this is probably one of the most major. here in intelligence projects of the of the last fifty years and since the us government support of the muslim brotherhood to create islamic fascist regime you want to use that term across the islamic world across the muslim world from afghanistan down through turkey into saudi arabia qatar and of course egypt. syria's rebels have joined forces in the one
you have the brotherhood which has been supported by the state department in the obama administration as it has an analogous vehicle to create a if you will an islamic dictatorship in egypt where they're pushing a black agenda a secret agenda much much like. masonry organization for sequences where the triads are the the who's in japan and so forth they're pushing an agenda on the population and the population rightly source was a skunk and i think this is the coptic christian groups are...
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Dec 6, 2012
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this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few
this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of...
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Dec 6, 2012
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do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the ban
do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price....